The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1887-01-01
toFFIC1AL.)
CITY COUNCIL PROCEEDINGS.

, by Mr.. Garrett.
ORDINANCE No. 62s.
To levy, collect and enforce payment of an
annual license tax upon all persons. as.
sOciations of persons, or business firms
and corporations, pursuing any trade
profession. vocation, calling or business.
except those who are expressly excepted
from such license tax by articles 206 and
2O7 of the Constitution.
/ Section 1-Be it ordained by the Mayor
and City Council Of Monroe, That there is
hereby levied an annual license tax for the
year, A. D., 1887, and for each subsequent
{ year. upon each person, associations Of per-
sons or business firms and corporations
except those expressly exempt from such
license by Articles 2o6 and 2o7 OF the Con-
stitution.
Sec. 2-Be it further ordained, &C.. That
tax collector shall begin to collect and shall
collect as fast as possible from each Of the
persons or business firms, associations or
sion. vocation Calling er buy business ficense
tax as herein after graduated. All license
shall be due and coIlectible during the first
sha az
first day of March Of each year, and all firms
who commenced business after that date
shall become delinquent unless the license
Sec. 3-Be it further ordained. &C.. That
the annual licenses for the kinds of bust
ness herein after named, except as after
wards provided, shall be graduated in
| twenty-five classes.
1dANuFAcTURFRs.
Paragraph THAT for carrying on each
exempted by articles 206 and 2O7 of the Con-
stitution, tho license shall be based on gross
annual receipts of said business as follows.
! to-wit:
LIST class. When the said receipts are ten
millions of dollars or more, the license shall
be eight thousand dollars.
I'd class. When the receipts are nine
millions Of dollars or more, and under ten
millions of dollars, the license shall be
$1,000.
.srd class. When the said receipts are
$500.
4th class. When the said receipts arc
seven millions 1s,! OF dollars or more, and I'M
shall be $4,000.
5th class. When the said receipts are six
! millions ofdollars or more, and under seven
$500.
9th class. When the said receipts are five
millions of dollars or more, and under six
$500.
9TH class. When the said receipts are
four millions of dollars or more, and under
five millions OF dollars, the license shall be
sth class. When the said receipts are
three millions OF dollars or more, and under
four millions of dollars, the license shall be
9th class. When the said receipts are two
millions Of dollars or more, and under
three millions of dollars, the license shall
10th class. When the said receipts are
one million of dollars more, and under
two millions of dollars, the license shall be
500.
1lth class. When the said receipts are
seven hundred and fifty thousand dollars
or more, and under one million OF dollars,
the license shall be $525.
18th class. When the said receipts are
hYe hundred thousand dollars or moro, and
under seven hundred and fifty thousand
dollars, the license shall be $3.50.
18th class. When the said receipts are
four hundred thousand dollars or more, and
under five hundred thousand dollars the
license shall be $3.50.
three hundred thousand dollars or more,
and under four hundred thousand dollars,
the license shall be $40.
two hundred Thousand dollars or more, and
under three hundred thousand dollars. the
license shall be $40.
10th class. When the said receipts are
more, and under two hundred thousand
dollars, tho license shall be sos.
18th class. When the said receipts are
one hundred thousand dollars or moro, and
less than one hundred and fifty thousand
dollars, the license shall be $40.
18th class. When the said receipts are
less than one hundred thousand dollars.
the license shall be $3.50.
10th class. When the said receipts are
ninety thousand dollars OR more. and less
than ninety-tive Thousand dollars or more.
the license shall be 1853.
Goth class. When the said receipts are
seventy-fve thousand dollars or moro, and
under ninety thousand dollars, the license
shall be $3.50.
2Ist class. When the said receipts are |
fifty thousand dollars or more, and less
than seventy-tive thousand dollars, the
license shall be 1856.
odd class. When the said receipts are |
forty thousand dollars or more, and less |
than fifty thousand dollars, the license |
shall be $2S.
23rd class. When said receipts are thirty !
thousand dollars or more, and less than |
forty thousand dollars, the license shall be |
$2l.
oath class. When said receipts are twen-
ty-five thousand dollars or more, and less |
than thirty thousand dollars, the license |
shall be $3.50.
25th class. When said receipts are less
than twenty-five thousand dollars, the Ii
Provided, Nothing herein shall be con-
strued to apply to the business of grinding
meal, ginning cotton or making sugar bV
any farmer or planter.
BANKING.
Paragraph 2-Be it further ordained, &C.. |
That for each business of carrying on a
bank, banking company, association, COR
poration or agency, the license shall be
based on the declared or nominal capital
plus is owned, or in use, or on deposit in
this city or elsewhere, as follows.
LIST class. When the said declared or
nominal capital and surplus is five million
dollars Or more, the license shall be 1880.
I'd class. When the said declared or NOM